Global Automation in Chemicals Petrochemicals Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
Global automation market in theChemicals Petrochemicals market to grow at a CAGR of more than 7% by 2020. The recent rise in capital and R&D investments for automation solutions is a critical factor that propels growth in this market. Also, rapid industrial development in emerging economies like China, India, and Brazil will bolster the need for automation products and services across various industries.
According to the report, the US government has enacted stringent regulations and policies for manufacturing industries such as automotive, foods and beverages, consumer packaged goods, chemicals, and pharmaceuticals. It has imposed regulations and policies for good manufacturing practices with a view to improve public safety and to meet international quality standards.
The growing use of cloud computing and big data analytics in the chemicals and petrochemicals industry will impel market growth during the forecast period. The implementation of cloud computing and big data analytics in this industry will help manufacturers to expand their data storage facilities, boost operational flexibility, and enhance scalability during the manufacturing process. The ability of cloud-based and big data analytics to promote product lifecycle management and to help improve supply chain management will result in its augmented adoption during the predicted period.

The global Automation in Chemicals Petrochemicals market is valued at 4160 million US$ in 2018 is expected to reach 6630 million US$ by the end of 2025, growing at a CAGR of 6.9% during 2019-2025.
This report focuses on Automation in Chemicals Petrochemicals volume and value at global level, regional level and company level. From a global perspective, this report represents overall Automation in Chemicals Petrochemicals market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    ABB
    Emerson Electric
    Honeywell
    Siemens
    Yokogawa Electric
    ...

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Distributed control system (DCS)
    Supervisory control and data acquisition (SCADA)
    Manufacturing execution system (MES)
    Programmable logic controller (PLC)
    Advanced process control (APC)

Segment by Application
    Chemicals
    Petrochemicals